Digital Fuel
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Digital Fuel is a provider of IT financial management software. The company's headquarters is in Los Angeles, California.[1]
History
Digital Fuel was co-founded in 2000 by Benny Lehmann, Israel Dancziger, Gilad Raz and Yakov Kogan who served as the company's CEO, CTO, and vice president of engineering, respectively.[1] Digital Fuel's ServiceFlow software was originally sold to corporate IT teams and to service providers to help them manage service level agreements (SLAs) for outsourcing agreements.[2]
In 2008, Digital Fuel expanded its product line to include IT financial management tools.[3][4]
Digital Fuel has raised over $30m in funding from investors including Apax Partners, Benchmark Capital, Israel Seed Partners, and Sigma Partners.[5]
In June 2011, VMware purchased Digital Fuel for $85 million.[1][6][7]
In September 2016, Skyview Capital acquired Digital Fuel from VMware.[8]
In February 2018, Apptio, Inc. acquired Digital Fuel from Skyview Capital.[9]
See also
References
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- ↑ a b c Script error: No such module "citation/CS1".
- ↑ Goolsby, Kathleen. Outsourcing Journal, (6/08) "How Service Management Software Solutions Enhance Outsourcing Relationships"
- ↑ 7. Dubie, Denise. Network World, (8/11/2009) "Gaining better insight into the cost of IT"
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Derrick Harris, GigaOm. "VMware buys Digital Fuel to make cloudonomics easier." June 13, 2011. Retrieved June 13, 2011.
- ↑ PR. PALO ALTO, Calif., June 13, 2011 VMware To Acquire Digital Fuel, IT Financial and Business Management SaaS Company
- ↑ http://www.skyviewcapital.com/news/skyview/ https://www.prweb.com/releases/skyview_capital_acquires_vmware_s_vrealize_business_enterprise_and_it_benchmarking_solutions/prweb13675102.htm
- ↑ Script error: No such module "citation/CS1".
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- Pages with script errors
- Online financial services companies of the United States
- Information technology management
- Software companies based in the San Francisco Bay Area
- Companies based in San Mateo, California
- Software companies established in 2000
- 2000 establishments in California
- Software companies of Israel
- Defunct software companies of the United States
- American companies established in 2000
- Financial software companies
- Defunct computer companies based in California